The Hoover quote shows that his approach to the Great Depression is one of no hope. Hoover tried to implement a couple federal works projects (like the Hoover Dam) to kick start the economy. This limited government role is thanks to Hoover's belief in laissez faire economics, which revolves around the idea that government should be involved as little as possible in the economy. With this in mind, it is easy to understand why Hoover does not give direct financial assistance to American citizens.
FDR, on the other hand, believed that the government should help in times of crisis. FDR uses this concept and develops the "New Deal." This "New Deal" is a policy in which the federal government creates several different agencies and programs to help American citizens recover from the Great Depression. This "can do"attitude reflects his determination and ties into the aforementioned quote.
In this quotation Winston Churchill is expressing reproach with the use of the word dishonor in regards to whoever he believes acted dishonorably. The word reproach means to address someone in a way that expresses disapproval or disappointment (in this case it is disappointment or disapproval in the other parties actions which he has labeled "dishonorable."
Answer:
Interest rate was almost Zero.
Explanation:
In the early 2000s, the interest rate of Japanese Yen was almost zero. That's why many Japanese businesses started to borrow Japanese Yen and started investing in the US treasury bills. In that time, the interest of the US treasury bill was 3-4%. Because of this reason, Yen Carry trade worked in the early 2000s.
<span>D.The McCormick Factory Fire</span>
